About Editorial team of BIPNs

Main team of content of bipns.com. Any type of content should be approved by us.
17 10, 2024

XAG/USD consolidates below $32 as investors look for fresh Fed rate cut cues

By |2024-10-17T19:08:41+03:00October 17, 2024|Forex News, News|0 Comments


  • Silver price trades sideways below $32.00 as investors seek fresh cues about the Fed’s likely monetary policy action in November and December.
  • The US Dollar strengthens after better-than-expected US Retail Sales growth and lower jobless claims.
  • Rising US Trump’s odds of winning presidential elections improve the Silver price’s appeal as a safe haven.

Silver price (XAG/USD) trades in a tight range below the key resistance of $32.00 in Thursday’s North American session. The white metal consolidates as investors look for fresh cues about the Federal Reserve’s (Fed) likely interest rate action in the remaining year.

According to the CME FedWatch tool, 30-day Federal Funds futures pricing data shows that the central bank will cut interest rates by 25 basis points (bps) in both policy meetings in November and December.

Meanwhile, upbeat United States (US) monthly Retail Sales and lower Initial Jobless Claims for the week ending October 11 have strengthened the US Dollar (USD). The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, posts a fresh 10-month high at 103.85.

The Retail Sales data, a key measure of consumer spending, rose by 0.4%, faster than estimates of 0.3% and the former release of 0.1%. Meanwhile, individuals claiming jobless benefits for the first time came in lower at 241K than estimates of 260K.

10-year US Treasury yields soar to 4.08%. Historically, higher yields on interest-bearing assets increase the opportunity cost of holding an investment in non-yielding assets, such as Silver. However, the Silver price remains supported as growing speculation for former President US Donald Trump winning upcoming presidential elections has improved its appeal as safe-haven.

Silver technical analysis

Silver price strives to reclaim the decade-high of $33.00. Upward-sloping 20- and 50- Exponential Moving Averages (EMAs) near $31.20 and $30.45, respectively, suggest a strong uptrend.

The 14-day Relative Strength Index (RSI) approaches 60.00. A decisive break above the same would activate a bullish momentum.

Silver daily chart

Silver FAQs

Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.

Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold’s. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply – Silver is much more abundant than Gold – and recycling rates can also affect prices.

Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals – more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers’ demand for the precious metal for jewellery also plays a key role in setting prices.

Silver prices tend to follow Gold’s moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.

 



Source link

17 10, 2024

Probiotic Dietary Supplements Market is expected to Double Its

By |2024-10-17T17:57:18+03:00October 17, 2024|Dietary Supplements News, News|0 Comments


Probiotic Dietary Supplements Market

The latest study released on the Global Probiotic Dietary Supplements Market by USD Analytics evaluates market size, trends, and forecast to 2032. The Probiotic Dietary Supplements market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

Key Players in This Report Include:

Abbott Laboratories, Amway Corp, ARCHER DANIELS MIDLAND COMPANY (ADM), BASF SE, Bayer AG, BioGaia AB, Chr. Hansen Holding A/S, Dietary Pros Inc, Dr. Joseph Mercola, DuPont de Nemours Inc, Glanbia Plc, GlaxoSmithKline Plc, H&H Group, Lesaffre, Pfizer Inc, ProbioFerm, Royal DSM N.V., Symrise AG, Vitakem Nutraceuticals Inc, and Others.

Download Free Sample Report PDF @ https://www.usdanalytics.com/sample-request/29701

Global Probiotic Dietary Supplements Market Size is valued at $19.4 Billion in 2024 and is forecast to register a growth rate (CAGR) of 15.3% to reach $60.6 Billion by 2032.

Market Overview:

The probiotic dietary supplements market is witnessing significant growth due to increasing awareness of gut health and the benefits of probiotics in supporting digestive and immune systems. Probiotics, available in capsule, powder, and liquid forms, contain live bacteria that promote a healthy microbiome. Factors such as rising health consciousness, aging populations, and a shift towards preventive healthcare are driving demand for these supplements. However, the market faces challenges such as strict regulations and the need for scientific validation of health claims. Innovations in delivery systems and strains are expected to boost market growth.

Market Drivers:

Growing awareness of gut health – Increasing consumer awareness about the benefits of probiotics for digestive health is driving the demand for probiotic supplements.

Rising popularity of preventive healthcare – Consumers are increasingly focusing on preventive healthcare and using supplements to improve overall well-being, fueling the probiotic supplement market.

Expansion of research on probiotics – Scientific studies supporting the benefits of probiotics for immune health, digestion, and mental health are encouraging consumers to adopt probiotic supplements.

Market Trends:

Emergence of targeted probiotic formulations – Brands are developing probiotic supplements tailored for specific health needs, such as immune support, mental health, and women’s health.

Growing use of spore-forming probiotics – Spore-forming probiotics, which are more stable and resistant to heat and stomach acid, are gaining traction in the market.

Incorporation of probiotics in functional foods and beverages – The trend of combining probiotics with other functional ingredients in foods and drinks is gaining popularity.

Market Challenges:

Regulatory hurdles and labeling issues – The lack of standardized regulations around the health claims of probiotics can create confusion and compliance challenges for manufacturers.

High cost of probiotic strains and formulations – Developing stable and effective probiotic formulations can be expensive, limiting the affordability of supplements for consumers.

Consumer skepticism about efficacy – Despite growing awareness, some consumers remain skeptical about the health benefits of probiotic supplements, especially given the variability in product quality and effectiveness.

Major Highlights of the Probiotic Dietary Supplements Market report released by USD Analytics

By Form (Chewables, Capsules, Powders, Tablets, Softgels, Others), By End-User (Infants, Children, Adults, Geriatric), By Application (Sports Fitness, Energy & Weight Management, General Health, Bone & Joint Health, Gastrointestinal Health, Immunity, Cardiac Health, Diabetes, Anti-cancer, Skin/Hair/Nails, Brain/Mental Health, Others)

Global Probiotic Dietary Supplements market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

Buy Complete Assessment of Probiotic Dietary Supplements Market Now @ https://www.usdanalytics.com/payment/report-29701

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

• North America (United States, Mexico & Canada)

• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report

• To carefully analyze and forecast the size of the Probiotic Dietary Supplements market by value and volume.

• To estimate the market shares of major segments of the Probiotic Dietary Supplements market.

• To showcase the development of the Probiotic Dietary Supplements market in different parts of the world.

• To analyze and study micro-markets in terms of their contributions to the Probiotic Dietary Supplements market, their prospects, and individual growth trends.

• To offer precise and useful details about factors affecting the growth of the Probiotic Dietary Supplements market.

• To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Probiotic Dietary Supplements market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

Get Flat 30% Discount on Immediate Purchase: https://www.usdanalytics.com/discount-request/29701

Major highlights from Table of Contents:

Probiotic Dietary Supplements Market Study Coverage:

• It includes major manufacturers, emerging player’s growth story, and major business segments of Probiotic Dietary Supplements market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.

• Probiotic Dietary Supplements Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.

• Probiotic Dietary Supplements Market Production by Region Probiotic Dietary Supplements Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in Probiotic Dietary Supplements Market Report:

• Probiotic Dietary Supplements Overview, Definition and Classification Market drivers and barriers

• Probiotic Dietary Supplements Market Competition by Manufacturers

• Probiotic Dietary Supplements Capacity, Production, Revenue (Value) by Region (2024-2032)

• Probiotic Dietary Supplements Supply (Production), Consumption, Export, Import by Region (2024-2032)

• Probiotic Dietary Supplements Production, Revenue (Value), Price Trend by Form (Chewables, Capsules, Powders, Tablets, Softgels, Others)

• Probiotic Dietary Supplements Market Analysis by End-User (Infants, Children, Adults, Geriatric)

• Probiotic Dietary Supplements Market Analysis by Application (Sports Fitness, Energy & Weight Management, General Health, Bone & Joint Health, Gastrointestinal Health, Immunity, Cardiac Health, Diabetes, Anti-cancer, Skin/Hair/Nails, Brain/Mental Health, Others)

• Probiotic Dietary Supplements Manufacturers Profiles/Analysis Probiotic Dietary Supplements Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing

• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

Browse Complete Summary and Table of Content @: https://www.usdanalytics.com/industry-reports/probiotic-dietary-supplements-market

Key questions answered

• How feasible is Probiotic Dietary Supplements market for long-term investment?

• What are influencing factors driving the demand for Probiotic Dietary Supplements near future?

• What is the impact analysis of various factors in the Global Probiotic Dietary Supplements market growth?

• What are the recent trends in the regional market and how successful they are?

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, or Southeast Asia.

Contact Us:

Harry (Business Consultant)

USD Analytics Market

Phone: +1 213-510-3499

sales@usdanalytics.com

About Author:

USD Analytics is a leading information and analytics provider for customers across industries worldwide. Our high-quality research publications are connected market. Intelligence databases and consulting services support end-to-end support our customer research needs.

This release was published on openPR.



Source link

17 10, 2024

USD/JPY Analysis Today 15/10: Yen Under Pressure (Chart)

By |2024-10-17T17:29:36+03:00October 17, 2024|Forex News, News|0 Comments

  • The Japanese yen rose to around 149.3 against the US dollar on Thursday, but remained close to an 11-week low as investors reacted to disappointing trade figures.
  • The data showed that Japan’s trade balance swung to a deficit in September as exports unexpectedly fell, while import growth slowed.
  • On the monetary policy front, Bank of Japan board member Seiji Adachi said earlier this week that conditions were already in place to normalize monetary settings, but stressed that the BOJ should raise interest rates at a “very moderate” pace.
  • Also, he warned that the BOJ should avoid a radical change in policy given the uncertainty over the global economic outlook and domestic wage growth.

Externally, the Japanese yen continues to face pressure from a stronger US dollar on bets that the Federal Reserve will be less aggressive in cutting US interest rates. The so-called Trump trade also lifted the dollar as his policies are seen as inflationary, which would prevent the Federal Reserve from cutting interest rates further.

In Asian markets, Chinese stocks experienced early volatility and dipped as investor impatience grew over the pace of stimulus measures by the central government. The CSI 300 index, which tracks the largest listed companies in Shanghai and Shenzhen, fell 0.2% by midday after initially declining by 1.3% during morning trading. This latest decline represents a total drop of more than 10% since reaching its peak on October 8. Meanwhile, Hong Kong-listed Chinese stocks managed a modest recovery, with the Hang Seng index rising 0.7%.

The volatile market driven by stimulus optimism fades

The recent market volatility highlights the volatility in Chinese stocks since late September, when a wave of stimulus measures by the central bank briefly sparked optimism among investors. But this initial enthusiasm has now quickly faded as Beijing has yet to provide further details on fiscal spending plans. Moreover, this uncertainty fuels doubts about whether the Chinese authorities are ready to roll out more aggressive measures to stabilize the economy and support stock markets.

“Given how quickly markets have risen, they can fall just as fast. But the overall policy measures are moving in the right direction, and when things calm down, Chinese stocks may still trade in a higher range than before.” Although a 10% decline may typically indicate a technical correction for the CSI 300 index, the recent extreme volatility in Chinese markets has diminished the significance of such landmarks. After rising more than 30% over three weeks from mid-September, the index has now lost its momentum, reflecting mixed investor sentiment about whether the rally has peaked or if more gains are still possible.

USD/JPY Technical analysis and Expectations Today:

Bulls are still watching the possibility of USD/JPY breaking the psychological resistance level of 150.00 to confirm control and thus prepare for stronger upward breaches. Technically, any positive reaction to the announcement of US retail sales figures and the number of weekly jobless claims today will bring bulls more momentum to move towards the resistance levels of 150.70 and 151.40 respectively, which are levels that strengthen the uptrend. On the other hand, and in the same time frame, there will be no break of the uptrend without returning to the support level of 145.90. The currency pair will remain subject to signals from central bank officials regarding the path of tightening, in addition to the extent of investors’ risk appetite or not. 

Ready to trade our Forex daily forecast? We’ve shortlisted the best FX trading platform in the industry for you.

Source link

17 10, 2024

SOL and BNB Price Prediction for October 14

By |2024-10-17T17:27:28+03:00October 17, 2024|Crypto News, News|0 Comments

U.Today – Bulls are trying to restore their lost positions, according to CoinStats.

Top coins by CoinStats

The price of Solana (SOL) has gone up by 4.16% over the last 24 hours.

On the daily chart, the rate of SOL has blasted after yesterday’s bullish closure. At the moment, traders should focus on the important area of $150.

If the bar closes above it, growth is likely to continue to the $160 range.

SOL is trading at $153.67 at press time.

(BNB) is not an exception to the rule, rising by 1.26%.

From the technical point of view, the price of BNB is looking bullish on the daily time frame. If a breakout of the $583.1 level happens, the accumulated energy might be enough for growth to the $600-$610 area.

BNB is trading at $584.60 at press time.

This content was originally published on U.Today



Source link

17 10, 2024

ERAGON.GG: Discover the Premier Gaming Web3 Platform With Virtual Airdrop on Aptos

By |2024-10-17T17:10:43+03:00October 17, 2024|News, NFT News|0 Comments


PRESS RELEASE | ERAGON – The leading platform for developing and distributing Web3  games, officially launched its V1 release on July 16th, marking a key milestone in the integration of gaming, cryptocurrency, and Web3 technology on Aptos. In just two months since its launch, ERAGON has made a significant impact on the MOVE community, recording over 150K users, more than 30 million transactions (averaging 1 million daily), a vibrant community of over 140K members, and partnerships with 50+ projects, including 15+ gaming partners.

“We’re excited that the community has warmly welcomed our groundbreaking release. These achievements would not have been possible without their unwavering support,” stated Mr. Victor Thang, CEO of ERAGON.

This is a press release submitted to BitPinas

Early Explore on ERAGON

In two recent months since launching, ERAGON has introduced eight instant games and two on-chain titles onboarded from gaming partners, Island Conqueror and Tap Battle, with engaging PvP modes. These games offer seasonal pools with unique mechanics and substantial rewards in $APT and $EGON, driving significant on-chain transactions.

Upon account creation, new users also receive pre-mint $EGON tokens (pEGON), enhancing their experience within the ecosystem and facilitating gameplay that earns real $APT and $EGON tokens.

Advertisement

PDAX Banner

Furthermore, ERAGON’s Referral Program has successfully drawn thousands of gamers, key opinion leaders (KOLs), and influencers to the platform, offering rewards of up to $30,000. This initiative has enhanced engagement and fostered a vibrant community around the project.

Photo for the Article - ERAGON.GG: Discover the Premier Gaming Web3 Platform With Virtual Airdrop on Aptos

Virtual Airdrop In a Thrilling Ecosystem

Besides launching its developed games, ERAGON has successfully executed two virtual Airdrops in its Eraverse Beta version, attracting thousands of players eager to engage in roleplay and compete for exciting prizes. The metaworld was designed to feature a spectacular downpour of airdrop boxes, released at scheduled intervals. New players and ERAGON NFT holders took on the roles of their ERATRON characters, participating in real-time airdrops to claim rewards while exploring the expansive Eraverse and immersing themselves in a vibrant, interactive meta-world.

The community warmly embraced the airdrop, providing enthusiastic feedback such as “best virtual airdrop on Aptos,” “hectic,” “crowded,” and “huge prizes in $APT & $EGON.” The ERAGON team has announced that even more dynamic virtual airdrops are on the horizon, promising even better rewards for participants.

“We appreciate our early supporters, whether gamers or partners and are committed to delivering exceptional gaming experiences to the MOVE community,” shared Mr. Victor Thang. “We’re excited to create more fun for our users while showcasing the incredible games from our alliance network.”
ERAGON is also set to expand its comprehensive ecosystem, which includes EraFun, EraCore, EraPlay, Eraverse, EraLaunch, and EraPay designed to engage gamers and provide streamlined experiences for developers and investors. With its significant growth potential, ERAGON is well-positioned for future success.Virtual Airdrop In a Thrilling Ecosystem

Besides launching its developed games, ERAGON has successfully executed two virtual Airdrops in its Eraverse Beta version, attracting thousands of players eager to engage in roleplay and compete for exciting prizes. The metaworld was designed to feature a spectacular downpour of airdrop boxes, released at scheduled intervals. New players and ERAGON NFT holders took on the roles of their ERATRON characters, participating in real-time airdrops to claim rewards while exploring the expansive Eraverse and immersing themselves in a vibrant, interactive meta-world.

The community warmly embraced the airdrop, providing enthusiastic feedback such as “best virtual airdrop on Aptos,” “hectic,” “crowded,” and “huge prizes in $APT & $EGON.” The ERAGON team has announced that even more dynamic virtual airdrops are on the horizon, promising even better rewards for participants.

“We appreciate our early supporters, whether gamers or partners and are committed to delivering exceptional gaming experiences to the MOVE community,” shared Mr. Victor Thang. “We’re excited to create more fun for our users while showcasing the incredible games from our alliance network.”
ERAGON is also set to expand its comprehensive ecosystem, which includes EraFun, EraCore, EraPlay, Eraverse, EraLaunch, and EraPay designed to engage gamers and provide streamlined experiences for developers and investors. With its significant growth potential, ERAGON is well-positioned for future success.

Photo for the Article - ERAGON.GG: Discover the Premier Gaming Web3 Platform With Virtual Airdrop on Aptos

Discover the Next Adventure in ERAGON

The ERAGON team is excited to unveil plans for an exclusive sale of Premium NFTs! The ERAGON Immortal NFT, a unique masterpiece, will unlock the infinite realms of the Eraverse. With limited Immortal NFTs available, holders will have the unique opportunity to play a pivotal role in shaping this groundbreaking gaming universe. This highly anticipated sale is scheduled for October 2024.

Fans and collectors alike are encouraged to stay tuned for more updates and discover the thrilling adventures that await in this exclusive reveal. 

About ERAGON

Backed by industry giants Aptos (one of the leading layer 1 blockchain), SotaTek (leading technology solutions provider focused on delivering high-tech IT services aimed at ensuring client business success through software development, blockchain, and digital transformation), and VNext (a software development service provider) for Japan and other Asian countries., ERAGON is the ultimate development and distribution platform for Web3 Games. Determined to bring thousands of games to the expansive Web3 gamer base, ERAGON aims to deliver unparalleled solutions for developers, gamers, and investors.

ERAGON’s innovative solutions include the Platform as a Game, which offers a seamless, game-centric platform experience; the Keyless Account Design, which simplifies user access with secure wallets; and the Gaming Layer, a Web3 Bridge that connects traditional and blockchain gaming. Additionally, ERAGON is redefining money streams with innovative revenue models, focusing on gaming development for optimized performance, breaking CHPlay and Appstore barriers for greater accessibility and reach, and enhancing user experiences through AI-powered solutions.

For further inquiries, media assets, or interview requests, please contact:

Celine, BD of ERAGON

Telegram ID: @celine_crescentshine

Follow us: Website | X | Telegram | Linkedin | Discord | YouTubeDiscover the Next Adventure in ERAGON

This article is a press release submitted to BitPinas: ERAGON.GG: Discover the Premier Gaming Web3 Platform With Virtual Airdrop on Aptos

What else is happening in Crypto Philippines and beyond?



Source link

17 10, 2024

XAG/USD Forecast Today – 17/10: Pressures Resistance (Chart)

By |2024-10-17T17:07:56+03:00October 17, 2024|Forex News, News|0 Comments


  • During my daily analysis of commodities, the silver market stood out due to the fact that we shot higher, but then gave back some of the gains.
  • At the beginning of the trading session, it looked as if the precious metals markets were going to go screaming higher as traders started to freak out at the open, especially in New York.
  • That being said, things have calmed down a bit, and now we have given back about half of the gains as of the middle of the afternoon session in New York.

At this point in time, the market looks as if it continues to go back and forth between the $30 level in the bottom, and the $32.50 level above. We are a little closer to the top, and I think at this point in time I think that short-term pullbacks offer buying opportunities. Furthermore, we also have the 50 Day EMA, underneath is an area that a lot of people would be looking to. After all, it is a technical indicator that a lot of people watch, and therefore it makes a certain amount of sense.

Silver is not Gold

Keep in mind that silver is not gold. Yes, I recognize that both are considered to be precious metals, but silver does behave a little bit differently than gold. After all, the silver market is highly tied to a lot of the “green technologies” that a lot of people are so excited about, so keep in mind that when you start to see things in that sector attract more attention, it suggests that perhaps there will be more demand for silver. Furthermore, you also have the interest rates around the world dropping so that could end up being a driver of silver being positive as well. After that, we also have geopolitical concerns, which like gold, some people will put money toward silver.

That being said, silver is not gold. What I mean by this is that it does have a few other aspects that move the market, and of course it’s a much more volatile and dangerous contract. The contract size is larger from a nominal value position, so therefore it’s likely that the average trader needs to be very careful with their position size, because it can be so dangerous to your account. I prefer buying dips, as long as we can stay above the $30 level, but I also recognize that things will be very noisy.

Ready to trade our daily forex analysis and predictions? Here are the best Silver trading brokers to choose from.



Source link

17 10, 2024

Global Tea Market is Projected to Reach US$ 37.4 Billion by 2032 |

By |2024-10-17T15:56:49+03:00October 17, 2024|Dietary Supplements News, News|0 Comments


Global Tea Market Size

Summary:
• The global tea market size reached US$ 24.4 Billion in 2023.
• The market is expected to reach US$ 37.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.7% during 2024-2032.
• China leads the market, accounting for the largest tea market share because of its long standing tea culture and substantial domestic consumption.
• Black tea accounts for the majority of the market share in the product type segment due to its widespread consumption and established popularity.
• Paper boards hold the largest share in the tea industry because they offer cost-effective and convenient packaging solutions.
• Supermarkets/hypermarkets remain a dominant segment in the market as they offer a wide range of tea brands and types.
• Residential represents the leading application segment due to high demand for tea as a daily beverage.
• The growing health consciousness and wellness benefits of tea is a primary driver of the tea market.
• The ongoing premiumization and rise of ready-to-drink (RTD) teas are further reshaping the tea market.

Request for a sample copy of this report: https://www.imarcgroup.com/tea-market/requestsample

Industry Trends and Drivers:

• Health Consciousness and Wellness Benefits:

The growing awareness of the health benefits of tea is significantly driving market growth. With increasing emphasis on healthy living, tea consumption has risen, particularly among individuals looking for beverages that offer health-boosting properties. Green tea, known for its high concentration of antioxidants, is especially popular for its role in weight management, improving brain function, and reducing the risk of chronic diseases like heart disease and cancer. Similarly, herbal teas such as chamomile and peppermint are consumed for their calming and digestive benefits. Consumers are increasingly turning to tea as an alternative to sugary beverages, including soft drinks and coffee, due to its lower calorie count and natural ingredients. The rise in chronic illnesses like obesity and diabetes has accelerated this shift, as more people adopt tea for its perceived health advantages.

• Premiumization and Specialty Teas:

The demand for premium and specialty teas is another crucial factor propelling the market forward. Consumers are increasingly willing to spend more on high-quality, unique tea varieties that offer enhanced flavor profiles and provenance. This shift is part of a larger trend where people prioritize experiences and quality over quantity. Specialty teas, such as matcha, white tea, and oolong, are gaining traction for their unique taste and production processes. Organic and sustainably sourced teas are also growing in demand, particularly as environmental concerns become more prominent in consumer purchasing decisions. Additionally, the premium tea segment is benefiting from the expanding market of tea sommeliers, specialty tea shops, and luxury tea products that provide a curated experience, contributing to market growth.

• Rise of ready-to-Drink (RTD) Teas:

Convenience is another significant factor boosting the tea market, with ready-to-drink (RTD) teas seeing rapid growth. As consumers lead increasingly busy lifestyles, the demand for convenient, healthy beverage options is on the rise, and RTD tea perfectly fits this need. These pre-packaged teas offer the health benefits of traditional teas while being portable and easy to consume on the go. The RTD segment has been innovating with various flavor profiles, including fruit-infused and herbal blends, attracting both younger demographics and health-conscious consumers. Moreover, the availability of low-sugar and functional RTD teas that claim to boost energy, aid digestion, or enhance immunity has further fueled their popularity. The expansion of RTD tea is also supported by the rise of e-commerce and easy availability in supermarkets and convenience stores, allowing greater accessibility to consumers worldwide.

Buy Now: https://www.imarcgroup.com/checkout?id=635&method=502

Tea Market Report Segmentation:

Breakup By Product Type:

• Green Tea

• Black Tea

• Oolong Tea

• Others

Black tea accounts for the majority of shares due to its widespread global consumption, strong cultural roots, and established popularity in both developing and developed markets.

Breakup By Packaging:

• Plastic Containers

• Loose Tea

• Paper Boards

• Aluminium Tin

• Tea Bags

• Others

Paper boards dominate the market as they offer cost-effective, environmentally friendly, and versatile packaging solutions that align with consumer preferences for sustainable products.

Breakup By Distribution Channel:

• Supermarkets/Hypermarkets

• Specialty Stores

• Convenience Stores

• Online

• Others

Supermarkets/hypermarkets represent the majority of shares due to their wide availability, extensive product range, and ability to provide consumers with convenience and competitive pricing.

Breakup By Application:

• Residential

• Commercial

Residential hold the majority of shares because tea is primarily consumed at home, where individuals prefer brewing their own beverages according to personal taste and routines.

Breakup By Region:

• China

• India

• Kenya

• Sri Lanka

• Turkey

• Vietnam

• Others

China holds the leading position owing to its deep-rooted tea culture, large population, and robust production capabilities.

Top Tea Market Leaders:

The tea market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies.

Some of the key players in the market are:

• Associated British Foods Plc

• Barry’s Tea

• Taetea Group

• Tata Consumer Products Limited (Tata Group)

• Unilever

Speak to an Analyst: https://www.imarcgroup.com/request?type=report&id=635&flag=C

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us:

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact.

The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

Contact us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

This release was published on openPR.



Source link

17 10, 2024

BONK & Dogecoin (Doge) Price Prediction For October End

By |2024-10-17T15:26:36+03:00October 17, 2024|Crypto News, News|0 Comments

With Bitcoin hitting new highs as of late, the altcoin market is particularly showing signs of hyperactivity. As BTC breached the price mark of $65K, the altcoin market responded positively to the change, with BONK and Dogecoin (DOGE) raking up gains to stabilize their valuations. Let’s explore how high both the tokens can ascend by the end of this month.

Also Read: 3 Cryptocurrency Coins To Stash Before The US Election For Best Gains

BONK & DOGE Price Projections For The End of October 2024

BONK Price Prediction

BONK & Dogecoin (Doge) Price Prediction For October End
Source: Decrypt

The latest post by Santiment outlines how BONK has lately been performing exceptionally well as a leading meme coin in the crypto world. As Bitcoin closed in to trade at $66K, BTC’s ascent paved the way for BONK to accumulate significant valuation, spiking nearly 13% in the process.

According to CoinCodex, BONK is gearing up to hit a new ATH by the end of this month, surging 200% in the process.

Image: CoinCodex

“According to our current Bonk price prediction, the price of Bonk is predicted to rise by 235.60% and reach $0.00008301 by November 15, 2024. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 73 (greed). Bonk recorded 18/30 (60%) green days with 11.77% price volatility over the last 30 days. Based on the Bonk forecast, it’s now a good time to.”

Also Read: Trump’s US Dollar Tariff Plan May Push These 5 ASEAN Nations Away

Dogecoin Price Forecast

DogecoinDogecoin
Source – Bitcoinist

Dogecoin has long been consolidating, showing signs of stagnancy when it comes to its price valuation. At present the token is sitting at $0.1236, up 4% in the last 24 hours.

However, per Santiment, the recent BTC spike also favored Doge, which helped the token surge and spike 12% in the process. The much-needed boost for DOGE has helped stabilize its price pedestal, giving it a chance to explore higher price levels by leveraging the current market momentum.

According to CoinCodex, Doge may note a notable decline in its price level by the end of this month. It may trade at $ 0.107862 by October end.

Image: CoinCodex

“According to our current Dogecoin price prediction, the price of Dogecoin is predicted to drop by -13.49% and reach $ 0.10762 by November 16, 2024. Per our technical indicators, the current sentiment is bullish while the Fear & Greed Index is showing 71 (greed). Dogecoin recorded 18/30 (60%) green days with 6.06% price volatility over the last 30 days. Based on the Dogecoin forecast, it’s now a good time to buy Dogecoin.”

Also Read: Top 3 Cryptocurrencies That May Rally Over 30% This Weekend



Source link

17 10, 2024

XAU/USD Forecast Today – 17/10: Gold Retreats (Chart)

By |2024-10-17T15:06:22+03:00October 17, 2024|Forex News, News|0 Comments


  • During my analysis of the gold market, the first thing that I notice is that we touched the $2685 level, an area that previously was the swing high and the all-time high in the market, but we did retreat from there.
  • When we opened up the trading session on Wednesday, it looked like we were going to take off and smash through that high, but we have given back some of these gains, showing that perhaps some of the panic is starting to subside.

The reason I say it’s panic is that we started to see the stock markets in the United States pull apart rather rapidly at the open, and at the same time started to see gold take off to the upside. That being said, the market is still very much in an uptrend, so I don’t necessarily think that we need to see some type of panic break out. Rather, I think that we just need to see a lot of the same behavior that has been the case for a while. There are plenty of fundamental reasons for gold to continue going higher, so therefore I think this continues to be a bit of a “one-way trade” as things continue to look the same as they did a few months ago.

Fundamental Reasons for Gold to Continue Higher

There are plenty of fundamental reasons for gold to go higher, not the least of which of course would be the geopolitical issues that currently plague the markets right now, including the hot war in Ukraine, the hot war in Lebanon and the various other areas of tension around the world. Furthermore, we also have central banks around the world cutting rates, so that of course means that bonds won’t pay as much in the way of payments anymore, meaning that storing gold will be more palatable. Beyond that, we have a lot of concerns as to whether or not we need to find some type of safety in general, as markets look very shaky, that means that gold could very well be a safe haven for a lot of portfolios.

I am a buyer, and I recognize that short-term pullbacks are more likely than not going to be buying opportunities. It is not until we break down below the 50 Day EMA that I would start to worry about the overall trend, but even then, I think we have quite a bit more damage necessary to start shorting.

Ready to trade our Gold price forecast? We’ve made a list of the best Gold trading platforms worth trading with.



Source link

17 10, 2024

Dietary Supplements Market Analysis: Industry Dynamics,

By |2024-10-17T13:55:33+03:00October 17, 2024|Dietary Supplements News, News|0 Comments


Dietary Supplements Market

The global dietary supplements market is estimated to be valued at USD 181.07 Bn in 2024 and is expected to reach USD 312.33 Bn by 2031, growing at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2031.

The latest market intelligence report published by CMI with the title “Global Dietary Supplements Market 2024, Growth Opportunities, and Forecast” provides actionable insights on Food and Beverages industry. The report provides demand analysis, industry insights, competitive intelligence, and customer database.

The Research report on Dietary Supplements Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps’ Analysis, Market Attractiveness Analysis, BPS Analysis, Ecosystem Analysis.

📌 Do you think, if this report could be of your interest? If yes, request Sample Copy of this Report: https://www.coherentmarketinsights.com/insight/request-sample/3670

*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.

Key opportunities Dietary Supplements Market

1. Growing Health Consciousness: The increasing awareness of health and wellness among consumers is driving demand for dietary supplements. People are seeking preventive health measures to enhance their well-being, immunity, and overall quality of life. Brands that offer high-quality, effective supplements targeting specific health concerns, such as immunity, digestive health, and mental well-being, can capitalize on this trend.

2. Expansion of E-commerce Channels: The rise of e-commerce has transformed how consumers purchase dietary supplements. Online platforms provide convenience and a wider range of product options. Brands that invest in strong online presence, user-friendly websites, and targeted digital marketing strategies can reach a broader audience and increase sales.

3. Personalization and Customization: Consumers are increasingly looking for personalized dietary solutions tailored to their individual health needs and preferences. Companies that offer customizable supplement regimens based on age, lifestyle, and health goals can attract health-conscious consumers seeking tailored nutrition.

4. Rise of Plant-Based and Natural Products: The demand for plant-based and natural dietary supplements is on the rise, driven by consumer preferences for clean and sustainable ingredients. Brands that focus on sourcing organic, non-GMO, and sustainably harvested ingredients can appeal to environmentally conscious consumers.

5. Focus on Aging Population: As the global population ages, there is a growing demand for dietary supplements that support healthy aging. Products aimed at enhancing joint health, cognitive function, and overall vitality for seniors present significant market opportunities. Brands that address the specific needs of older adults can tap into this expanding demographic.

📌 Want to access more insights? The journey starts from requesting Sample: https://www.coherentmarketinsights.com/insight/request-sample/3670

*Note: Sample of the report provides details on the scope and coverage, table of contents, research methodology, and Sample Framework of the report. Actual report of 150+ is available for purchase to all the interested stakeholders.

Detailed Segmentation and Classification of the report (Market Size and Forecast – 2031, Y-o-Y growth rate, and CAGR):

• By Ingredient:

Vitamins

Botanicals

Minerals

Protein & Amino Acids

Fibers & Specialty Carbohydrates

Omega Fatty Acids

Others

• By Form:

Tablets

Powders

Liquids

Others

• By Application:

Weight Loss

Sports Nutrition

General Wellbeing

Immune and Digestive Health

Bone and Joint Health

Heart Health

Others (Beauty Supplements, Anti-Allergies, and Eye Health, etc.)

• By End User:

Men

Women

Senior Citizens

Others (Kids and Toddlers)

• By Distribution Channel:

Online

Offline

Hypermarkets/Supermarkets

Pharmacies/Drugstores

Specialty Stores

Practitioners

Others

• By Regions and Countries

o North America

o Europe

o Asia-Pacific

o South America

o Middle East & Africa

Following are the players analyzed in the report:

• Archer Daniels Midland Company

• Abbott Laboratories

• Amway Corporation

• Bayer AG

• Glanbia plc

• Herbalife Nutrition Ltd.

• GlaxoSmithKline plc

• Nestlé S.A.

• Pfizer Inc.

• DSM Nutritional Products AG

• Nature’s Bounty Co.

• Otsuka Holdings Co., Ltd.,

• Pharmavite LLC

• GNC Holdings Inc.

• Suntory Holdings Limited

• The Himalaya Drug Company

• The Nature’s Way Co.

• XanGo LLC

• USANA Health Sciences Inc.

• NOW Foods

✅Grab the Deal! Up to 25% OFF Purchase this Complete Market Report: https://www.coherentmarketinsights.com/insight/buy-now/3670

Deep-dive Analysis:

The Report provides deep-dive qualitative and quantitative analysis on Dietary Supplements Market for all the regions and countries covered below:

• North America (the United States, Canada, and Mexico)

• Europe (Germany, France, Italy, United Kingdom, SCANDIVAN, Benelux, Russia, and Rest of Europe)

• Asia-Pacific (Japan, South Korea, India, China, Southeast Asia, and Australia)

• South America (Brazil, Argentina, and Rest of South America)

• Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa, and Rest of the Middle East & Africa)

• Each Country is covered in detail, and report provides qualitative and quantitative analysis on Dietary Supplements Market on each country.

The research provides answers to the following key questions:

1. What is the estimated growth rate of the market for the forecast period 2024-2031? What will be the market size during the estimated period?

2. What are the key driving forces responsible for shaping the fate of the Dietary Supplements market during the forecast period?

3. Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Dietary Supplements market?

4. What are the prominent market trends influencing the development of the Dietary Supplements market across different regions?

5. What are the major threats and challenges likely to act as a barrier in the growth of the Dietary Supplements market?

6. What are the major opportunities the market leaders can rely on to gain success and profitability?

Key insights provided by the report that could help you take critical strategic decisions?

• Regional report analysis highlighting the consumption of products/services in a region also shows the factors that influence the market in each region.

• Reports provide opportunities and threats faced by suppliers in the Dietary Supplements and tubes industry around the world.

• The report shows regions and sectors with the fastest growth potential.

• A competitive environment that includes market rankings of major companies, along with new product launches, partnerships, business expansions, and acquisitions.

• The report provides an extensive corporate profile consisting of company overviews, company insights, product benchmarks, and SWOT analysis for key market participants.

• This report provides the industry’s current and future market outlook on the recent development, growth opportunities, drivers, challenges, and two regional constraints emerging in advanced regions.

Author of this marketing PR:

Priya Pandey is a dynamic and passionate PR writer with over three years of expertise in content writing and proofreading. Holding a bachelor’s degree in biotechnology, Priya has a knack for making the content engaging. Her diverse portfolio includes writing contents and documents across different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc. Priya’s meticulous attention to detail and commitment to excellence make her an invaluable asset in the world of content creation and refinement.

☎ Contact Us:

Mr. Shah

Senior Client Partner – Business Development

Coherent Market Insights

Phone:

US: +1-206-701-6702

UK: +44-020-8133-4027

Australia: +61-2-4786-0457

India: +91-848-285-0837

Email: sales@coherentmarketinsights.com

Website: https://www.coherentmarketinsights.com

Follow Us: LinkedIn | Twitter

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

This release was published on openPR.



Source link

Go to Top